Qatar

On February 27th the gas price in North America reached a new low at $2.57 per million btu with all chances to stay below $3 for a while. In dividing the gas price by four since its peak at $13.5 per million btu in July 2008, the massive development of the shale gas is not […]

Qatar Petroleum (QP) and Qatar Petrochemicals Corporation (Qapco) have agreed to proceed with the $5.5 billion petrochemical complex in Ras Laffan, Qatar. The project will be owned by 80% by QP, 20% by Qapco, and will have a capacity of: –          1.4 million t/y ethylene –          850 000 t/y high density polyethylene (HDPE) –          430 000 t/y […]